Island's Government To Stop Building Work at a New Nuclear Power Plant

TAIPEI—Taiwanese manufacturers may have to shoulder higher electricity costs after the government announced it would stop construction on a new nuclear power plant.

Taiwan's three nuclear plants, altogether six reactors, are supplying nearly one-fifth of the island's electricity. When they are phased out by 2025 as planned and without a fourth plant to fill the energy gap, domestic power prices will have to rise by at least 40% to...